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Topic: Is this possible? - page 7. (Read 1046 times)

hero member
Activity: 1260
Merit: 765
Top Crypto Casino
November 13, 2024, 03:20:27 PM
#3
Okay, I wanted to make a deposit to a gambling site and having it withdrawn to our native currency.

For instance; If i deposit Cryptocurrency and gamble and with I win can i be able to withdraw my winning through NGN?

Is it possible to happened and is there any gambling platform permits that?
Is not possible because most gambling sites payment system is design in such a way that, the currency you use to make deposits, will be the same currency you can withdraw when making withdrawals, and even sane with staking a bet you have to use same currency.
For example you deposit bitcoin, you gamble win and withdraw bitcoin there is no feature where you can convert your currencies within the gambling site payment system.

I don't know if any casino have such coin exchange features but sure that regulators won't allow that to happen to avoid money laundering because criminals will definitely abuse the gambling site my making it a. Mixing venture to conceal stolen funds.
hero member
Activity: 644
Merit: 661
- Jay -
November 13, 2024, 03:19:04 PM
#2
Most casinos only allow you to withdraw through the channel you deposited in. So if you deposit crypto (BTC for example) you will only be able to withdraw through that exact currency (BTC) you made the deposit through.

You should move this to the gambling discussion board.

- Jay -
full member
Activity: 162
Merit: 104
November 13, 2024, 03:11:32 PM
#1
Okay, I wanted to make a deposit to a gambling site and having it withdrawn to our native currency.

For instance; If i deposit Cryptocurrency and gamble and with I win can i be able to withdraw my winning through NGN?

Is it possible to happened and is there any gambling platform permits that?
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